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. carl quintanilla is on assignment this morning. >>> we begin with breaking news on sprint and softbank. david faber's been working this all morning. >> yeah. it's been like the old days, those phones lighting up. we got a lot of details to share but also a lot of questions. we can tell you for the last few months softbank has been in negotiations to buy a majority position in telecom provider sprint. now originally those talks also included my sources tell me t-mobile. in fact, would have involved a deal in which t-mobile and sprint got together, something that has been discussed many times in the past. and then softbank came in with a very large equity check buying down significantly what was deutsche telecom's stake in the overall and perhaps buying even more from the sprint shoulder. that deal didn't happen. as we all know, in fact t-mobile has moved on, has a deal to acquire pcs. by the way, while there's been a great deal of speculation that sprint might try an jump that deal, i think we can put that aside for the moment because that's not likely to happen. pcs shares are down. th
the clearance and now it's got it. check out squares of sprint nextel, japan softbank talking about a two-thirds stake of sprint. nhk reported the original story and "the journal" says those talks are "advanced." it would be the largest foreign stake purchased by a japanese company on record and the stock is up 12% in the premarket. also a busy day for ipos, five are set for today, realogy holdings, intercept and kythera and shutterstock priced its offering above its expected range and garrison capital is expected to go public but not yet priced. >> it's a one shot on you, becky. >> i thought you had something you wanted to say. >> no, got nothing. >>> the street eagerly looking ahead to jpmorgan and wells fargo, those companies out with earnings on friday and joining us on set with a preview is betsy graseck, morgan stanley's large cap analyst. what are you looking for? >> looking to understand how good the fixed income has been, how good housing has been and all the various ways it's impacting them, and then on the other side of the equation is nim, what's the forward look there. i this
in clearwire even as sprint is soliciting a stake from softbank to take a stake into that company. clearwire here at a six-month high. >> thank you very much, ber that. >>> the vice presidential debate is on tap tonight and the branding wars are in full effect. jane wells is live in los angeles with one that may not be going all that well. miss jane? >> with all the questions facing the country, you heard from simpson-bowles and the debate tonight -- is one of them which pizza do you prefer? when branding creates its own debate when we come back. [ mal] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> welcome b
. and japan softbank said to be in talks with three major japanese banks to borrow the $23 billion to finance that bid for splint and as you saw yesterday on this show, news of a possible daily for the u.s. operator first broke here with david faber. softbank has been looking how you to break in to the u.s. market for months. and defense secretary leon panetta says the u.s. military could act preemptively if it detects an imminent threat of cyber attack. he urged stronger action to bolster america's defenses against such plots. officials say this was the first major policy speech on cyber security by any defense secretary. and we've been waiting. the nobel peace prize was awarded today to you, the -- no, that was "time" magazine. >> total cop out. >> a cheap mirror on the cover. this time it went to the european union. the entire union. >> who gets the money? >> i don't know. they'll use to pay off some of the unlg debts that they have. the committee citing the eu's historic role in uniting the continent saying the award was meant as a morale boost for the bloc as it struggles to resolve its
Search Results 0 to 3 of about 4